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U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

Gold steadies amid concerns over rising virus cases

Bank of Thailand keeps key policy rate on hold at 0.50 pct

U.S. vehicle sales fall again in November

U.K.’s headline inflation accelerates in October, likely to remain below 1 pct until Q1 2021

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Gold recovers from previous day slide on stimulus hopes

U.S. existing home sales rise above expectations in October

Malaysian headline inflation falls further in October, likely to remain negative in 2020

Danish headline inflation eases in October, likely to reach 0.8 pct in 2021

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

Bank Indonesia lowers interest rate by 25 bps to 3.75 pct, unlikely to cut further

Chinese economic activity continues to rebound in October, GDP likely to grow 5.5 pct in Q4 2020

Australian economic growth recovers strongly in Q3 2020

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

Bank Indonesia keeps key interest rate on hold at 3.75 pct

Gold at multi-week peaks as dollar slumps after Biden clinches U.S. presidency

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Outlook for Copper

Friday, May 29, 2015 5:50 PM UTC

BofA Merrill Lynch:

We reiterate our negative view on copper. Indeed, the red metal is threatening to resume its long-term bear trend after stalling into the confluence of resistance between 6321/6635.

Four month trendline support at 6010 IS KEW. An impulsive break below confirms an end to the corrective rally and resumption of the long-term bear trend.

Downside targets are seen to 5279, ahead of 4791 and potentially below

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